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The September/October 2026 issue of Oilfield Technology explores how operators and service companies are responding to a more demanding upstream environment through technology, optimisation and smarter decision-making. Highlights include McKinsey & Company on the growing exploration discovery gap, Halliburton on unlocking bypassed reserves through multilateral technology, and MR Group on continuous BOP assurance, alongside features examining autonomous FPSOs, produced water treatment, H2S scavenging, advanced sealing solutions and the growing role of AI in optimising well and asset performance.

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Home/News

Latest News

Stay up to date with the latest news and updates from the oil industry.

Odfjell Technology awarded five-year contract in the Middle East
28 Oct 20251 min read

Odfjell Technology awarded five-year contract in the Middle East

Odfjell Technology has been awarded a contract to supply fishing services for drilling and workover operations with a major oil and gas company in Kuwait.

Projected oil surplus of nearly 4 million bpd in 2026 and slowing demand
28 Oct 20253 min read

Projected oil surplus of nearly 4 million bpd in 2026 and slowing demand

Markets brace for shifting dynamics amid the IEA's warnings of supply surpluses, moderating demand growth, and ongoing geopolitical uncertainty.

Weatherford and Maersk Training announce strategic partnership to advance MPD training, offering all-level IADC-accredited programmes
28 Oct 20252 min read

Weatherford and Maersk Training announce strategic partnership to advance MPD training, offering all-level IADC-accredited programmes

As MPD adoption accelerates across the energy sector, this collaboration brings together Weatherford’s more than 55 years of MPD expertise and advanced simulation software with Maersk Training’s 45 years of global training excellence and simulators and facilities.

Jet-propelled well conveyance technology completes successful US field trial
27 Oct 20252 min read

Jet-propelled well conveyance technology completes successful US field trial

WellSense, a specialist in fibre optic well diagnostics, has developed a single-use, jet-propelled and battery powered well conveyance technology, which is able to rapidly deploy bare fibre into highly deviated wells.

US sanctions Russian oil majors
23 Oct 20251 min read

US sanctions Russian oil majors

US sanctions Russian oil majors over Ukraine, reports Reuters.

TAQA UK achieves decommissioning milestone as Eider Alpha topside is removed in North Sea
22 Oct 20253 min read

TAQA UK achieves decommissioning milestone as Eider Alpha topside is removed in North Sea

TAQA UK’s Eider Alpha topside has been successfully removed, marking the first of its Northern North Sea platforms to be lifted and dismantled.

Viridien announces new geologic study to evaluate prospectivity of frontier Langkasuka basin offshore Malaysia
21 Oct 20251 min read

Viridien announces new geologic study to evaluate prospectivity of frontier Langkasuka basin offshore Malaysia

The insights generated will provide explorers with a competitive advantage by better informing their licensing and investment decisions.

Petrobras obtains operating license for exploratory research in Amapá Deep Waters
21 Oct 20251 min read

Petrobras obtains operating license for exploratory research in Amapá Deep Waters

The drill rig is already at the well site, and drilling is expected to start immediately, with an estimated duration of five months.

FET to deliver new model of work class ROV to Nigerian oil and gas firm
20 Oct 20252 min read

FET to deliver new model of work class ROV to Nigerian oil and gas firm

The contract win marks the first sale of FET’s XLX EVO III which, when operational, will demonstrate the most cutting-edge Ultra-Heavy-Duty subsea vehicle technology available on the market.

McDermott delivers first subsea project for TotalEnergies in Angola
20 Oct 20252 min read

McDermott delivers first subsea project for TotalEnergies in Angola

McDermott announces the safe and successful completion of engineering, procurement, construction, installation, pre-commissioning and commissioning activities for TotalEnergies' Begonia field development.

Future-Proofing the Workforce
17 Oct 20252 min read

Future-Proofing the Workforce

Lynn Coutts, Managing Director – the Middle East, ATPI, explains how the oil and gas industry can balance efficiency with workforce wellbeing, through digitalisation and optimised crew management.

IMI supplies HIPPS for Larsen & Toubro in Saudi Arabia project
17 Oct 20253 min read

IMI supplies HIPPS for Larsen & Toubro in Saudi Arabia project

IMI equips Larsen & Toubro with safety-critical HIPPS solution for Saudi Arabia Gas Field expansion project.

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